The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAvingtrans Share News (AVG)

Share Price Information for Avingtrans (AVG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 395.00
Bid: 390.00
Ask: 400.00
Change: -15.00 (-3.66%)
Spread: 10.00 (2.564%)
Open: 410.00
High: 410.00
Low: 395.00
Prev. Close: 410.00
AVG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Retailer Sosandar In Quarterly Revenue Jump

Tue, 07th Jul 2020 16:35

(Alliance News) - The following is a round-up of updates by London-listed companies and not separately reported by Alliance News:

----------

Sosandar PLC - Cheshire-based women's clothing retailer - Says first quarter revenue surges by 54% annually. Has seen 24% increase in new customers during quarter.

----------

Altitude Group PLC - personalised products marketplace operator - Trading between January and mid-March went as forecast though between mid-March and May, supplier partners posted 80% year-on-year slumps in regular promotional orders. Activity has increased as some US states emerge from lockdown, order activity in June at 50% of prior year.

----------

Rosslyn Data Technologies PLC - procurement and master data management solutions provider - Notes it has continued to support its clients, across various sectors such as banking and pharmaceuticals, during Covid-19 pandemic. Notes it saved one customer GBP12 million through data and invoicing assistance.

----------

Argo Blockchain PLC - cryptocurrency miner - Mined 180 bitcoin or bitcoin equivalent in June, down 29% from 252 in May. Argo notes month-on-month reduction down to "rise in mining difficulty mid-month and an adjustment to more cost-efficient mining".

----------

PCI-PAL PLC - secure payment solutions provider - Expects to report revenue of GBP4.4 million for year to June 30, up 55% from GBP2.8 million. Expects revenue growth between 50% and 60% in financial 2021.

----------

Live Company Group PLC - events firm - Says significant cost savings achieved in second quarter. BRICKLIVE Animal Paradise site now open in a Michigan zoo but number of events booked for quarter postponed due to Covid-19.

----------

Enwell Energy PLC - Ukraine-focused oil and gas explorer - Says overall production volumes in Ukraine rose 13% year-on-year in second quarter. Notes SV-54 development well completed after reaching final depth of 5,322 metres.

----------

Cadence Minerals PLC - Mineral resources investor based in London - Says Amapa iron ore project owner DEV Mineracao SA yet to reach a settlement with its creditors. It remains the last precondition before Cadence takes stake in project.

----------

Aura Energy Ltd - Australian minerals exploration firm - Signs CAD4.5 million, about GBP million, funding term sheet with Toronto-listed Chilean Metals Inc for Aura's gold, base and battery metal tenements in Mauritania.

----------

Thor Mining PLC - London-based vanadium miner - Reports "positive" assay results from field sampling of potential vanadium acquisition in Colorado.

----------

Zenith Energy Ltd - Africa-focused oil & gas producer - Enters into a joint-venture agreement with an oil and gas firm in Republic of Congo. Purpose of the pact is to acquire an onshore oil production licence which had output rate of 300 barrels of oil per day in 2019.

----------

Pure Gold Mining Inc - Canada-based gold mine developer - Exploration drilling at Red Lake mine funds "high-grade gold mineralisation".

----------

PureTech Health PLC - London-based biotherapeutics firm - Founding entity Vor raises USD110 million in Series B financing. Cash to go towards advancing the VOR33 candidate into clinical trials.

----------

Inspiration Healthcare Group PLC - Crawley-based medical technology company - Notes that GBP18.0 million deal to acquire SLE Ltd has been completed.

----------

Vectura Group PLC - London-based drug delivery products - Notes Novartis's Enerzair Breezhaler asthma treatment product inks regulatory green light in Europe and Japan. Vectura receives USD6.3 million in milestone payments. Product uses Vectura's formulation IP.

----------

Open Orphan PLC - pharmaceutical services company - Signs three new laboratory services contracts. Notes one contract is with University of Cambridge spin-off NoBACZ Ltd which is developing an antimicrobial coating for everyday surface to prevent illness trasmission.

----------

SkinBioTherapeutics PLC - Macclesfield-based skin health-focused life sciences company - Finishes stable formulation of AxisBiotix product, a food supplement which treats psoriasis.

----------

Path Investments PLC - energy and natural resources investment company - Terms of acquisition of Zoetic International PLC's 75% stake in DT Ultravert altered. Path will now issue 15.0 million warrants at an exercise price of 0.75p, together with 15.0 million warrants exercisable at 1.5p. Path to also pay Zoetic a royalty of 6% from all revenue at DTU.

----------

Aberdeen New India Investment Trust PLC - investment trust - Enters into two-year GBP30 million loan pact with Royal Bank of Scotland International Ltd

----------

Frontier IP Group PLC - intellectual property investment company with offices in Edinburgh, Cambridge and London - Portfolio company Celerum Ltd sub-contracted to support software development for Aberdeen-based PlanSea Solutions Ltd. Frontier holds a 34% stake in Celerum.

----------

Braveheart Investment Group PLC - private equity and venture capital firm - Investee Paraytec Ltd progressing with Covid-19 test development with University of Sheffield. Producing an artificial version of virus to avoid using live Covid-19.

----------

Gresham House Energy Storage Fund PLC - London-based energy storage investor - Launches debt issue to fund acquisition of battery storage products. Aims to generate proceeds of GBP15 million through an initial issue of 5.0% per year fixed rate bonds.

----------

Gunsynd PLC - London-based investment firm - Placed a further 16.0 million shares due to investor demand, raising GBP104,000. Proceeds will go towards making investments.

----------

Helical PLC - property investor with office assets in London - On July 3, 76% of rent for June quarter was collected with further 15% agreed to be paid in instalments.

----------

Impax Asset Management Group PLC - sustainability-focused investor - Assets under management at end of June totalled GBP18.1 billion, a 26% increase during third quarter.

----------

Velocity Composites PLC - composite materials supplier for aerospace sector - Lands new framework agreement with customer that is a UK prime contractor in the defence sector.

----------

Avingtrans PLC - engineering firm - Revenue for year ended May 31 expected to rise 8.6% to GBP114 million from GBP105 million. Says Covid-19 shrouds visibility for financial 2021, so net year ready to release guidance.

----------

Seeing Machines Ltd - monitoring systems developer - Welcomes Moving Forward Act which has been passed by US House of Representatives. Bill requires vehicles to pass safety checks including automatic braking, lane-keeping, blind-spot detection, event data recorders. Bill needs Senate approval now.

----------

LPA Group PLC - LED lighting system manufacturer - Secures GBP3.3 million in contract wins in UK and export rail markets.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
6 Jun 2023 13:35

IN BRIEF: Brand Architekts Chair Roger McDowell takes sabbatical

Brand Architekts Group PLC - London-based challenger brand business in beauty sector - Chair Roger McDowell takes temporary sabbatical for "family health reasons" until September. Will remain a director during the intervening period. Independent Non-Executive Director Chris How will assume responsibilities of being chair in McDowell's absence.

Read more
5 Jun 2023 11:35

UPDATE: McDowell takes sabbatical from chair of three London listings

(Alliance News) - Roger McDowell will take a sabbatical from his role of chair of three London-listed companies, they said on Monday.

Read more
5 Jun 2023 08:45

IN BRIEF: Hargreaves Services, Avingtrans chair takes sabbatical

Hargreaves Services PLC - Durham, England-based land, property and infrastructure development; Avingtrans PLC - Cambridgeshire, England-based company which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors - Both companies note that Chair Roger McDowell of both companies is taking a sabbatical for "family health reasons" with immediate effect. Both say he is expected to resume his duties as chair in September, while remaining a director of both during the intervening period. Avingtrans Senior Independent Director Les Thomas will assume the position of Avingtrans interim chair with immediate effect, while Hargreaves Services Senior Independent Director Nigel Halkes similarly takes over as Hargreaves Services interim chair.

Read more
22 Feb 2023 13:53

IN BRIEF: Avingtrans lifts interim dividend as revenue, profit rises

Avingtrans PLC - Cambridgeshire, England-based company which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors - Reports revenue of GBP50.0 million for the six months ended on November 30, up 12% from GBP44.5 million a year before. Pretax profit is up 3.1% to GBP3.3 million from GBP3.2 million, while adjusted pretax profit amounts to GBP4.0 million, up 5.3% from GBP3.8 million the year before. Adjusted earnings before interest, tax, depreciation and amortisation is up 11% to GBP6.4 million from GBP5.7 million. Declares an interim dividend of 1.7 pence per share, up 6.3% from 1.6p a year prior.

Read more
22 Feb 2023 12:55

Avingtrans revenue rises amid supply chain disruption

(Sharecast News) - Engineering group Avingtrans reported a revenue increase to £50m for its first-half on Wednesday, compared to £44.5m for the same period in 2021.

Read more
15 Feb 2023 15:52

UK earnings, trading statements calendar - next 7 days

Thursday 16 February 
Bank of Georgia Group PLCFull Year Results
Centrica PLCFull Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Indivior PLCFull Year Results
Kerry Group PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Moneysupermarket.com Group PLCFull Year Results
Relx PLCFull Year Results
Riverstone Credit Opportunities Income PLCFull Year Results
South32 LtdHalf Year Results
SSP Group PLCTrading Statement
Standard Chartered PLCFull Year Results
Friday 17 February 
Allianz Technology Trust PLCFull Year Results
Kingspan Group PLCFull Year Results
NatWest Group PLCFull Year Results
Pod Point Group Holdings PLCFull Year Results
Segro PLCFull Year Results
Monday 20 February 
Bank of Cyprus Holdings PLCFull Year Results
Georgia Capital PLCFull Year Results
Goldplat PLCFull Year Results (TBC)
LungLife AI IncFull Year Results
Tristel PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 21 February 
Antofagasta PLCFull Year Results
BHP Group LtdHalf Year Results
Blancco Technology Group PLCHalf Year Results
Finsbury Food Group PLCHalf Year Results
HSBC Holdings PLCFull Year Results
InterContinental Hotels Group PLCFull Year Results
Safestore Holdings PLCTrading Statement
Smith & Nephew PLCFull Year Results
Springfield Properties PLCHalf Year Results
Sylvania Platinum LtdHalf Year Results
Wednesday 22 February 
Avingtrans PLCHalf Year Results
City of London Investment Group PLCHalf Year Results
Conduit Holdings LtdFull Year Results
Liberty Global PLCFull Year Results
Lloyds Banking Group PLCFull Year Results
Primary Health Properties PLCFull Year Results
Renewables Infrastructure Group LtdFull Year Results
Rio Tinto PLCFull Year Results
Synectics PLCFull Year Results
TBC Bank Group PLCFull Year Results
Transense Technologies PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
15 Feb 2023 11:33

IN BRIEF: Avingtrans says investee Adaptix appoints new chair

Avingtrans PLC - Cambridgeshire, England-based company which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors - Says investee Adaptix Ltd has appointed Willem Baralt as its new chair, succeeding Avingtrans Chief Executive Officer Steve McQuillan, who joined the Adaptix board on an interim basis December. McQuillan will continue as a non-executive director.

Read more
30 Jan 2023 13:13

Avingtrans associate Adaptix receives clearance for imaging product

(Alliance News) - Avingtrans PLC on Monday said that its associate company, Adaptix Ltd, has received clearance from the US Food & Drug Administration for its first orthopaedic medical imaging product.

Read more
18 Jan 2023 14:31

IN BRIEF: Avingtrans up stake in Australia's Magnetica to 74%

Avingtrans PLC - Cambridgeshire-based supplier of components to energy, medical and industrial sectors - Increases stake in Australian subsidiary Magnetica Ltd to 74% from 61% after contributing AUD6.2 million, about GBP3.5 million, toward AUD11.1 million capital raise by Magnetica. The Brisbane-based company develops orthopaedic magnetic resonance imaging technology.

Read more
16 Jan 2023 16:06

Avingtrans trading in line, makes two HVAC acquisitions

(Sharecast News) - Energy, medical and industrial technology developer Avingtrans said in an update on Monday that trading in the first six months of its financial year was in line with market expectations.

Read more
16 Jan 2023 12:50

TRADING UPDATES: t42 IoT Tracking Solutions and Zenova win contracts

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
14 Dec 2022 21:33

TRADING UPDATES: HeiQ increases stake in Chrisal; Safestyle names CEO

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
14 Dec 2022 16:54

Avingtrans puts another £2m in Adaptix, appoints its CEO as chair

(Sharecast News) - Avingtrans announced on Wednesday that its chief executive officer Steve McQuillan has been appointed as the non-executive chairman of the Oxford-based emerging medical technology business Adaptix.

Read more
17 Nov 2022 16:57

Avingtrans says current trading in line with market expectations

(Alliance News) - Avingtrans PLC announced on Thursday that its current trading is in line with market expectations.

Read more
28 Sep 2022 15:14

Avingtrans cautiously optimistic despite order delays and disruption

(Alliance News) - Avingtrans PLC on Wednesday said it remains cautiously confident about its strategic direction in the face of widening expenses and production delays.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.